The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1 800 FLOWERS COM CL A 68243Q106 200 27,803 SH   SOLE 1 0 0 27,803
3M CO COM 88579Y101 2,438 17,206 SH   SOLE 1 0 0 17,206
ADVANCED MICRO DEVICES INC COM 007903107 238 69,785 SH   SOLE 1 0 0 69,785
AGCO CORP COM 001084102 230 5,049 SH   SOLE 1 0 0 5,049
ALPS ETF TR ALERIAN MLP 00162Q866 2,788 145,418 SH   SOLE   0 0 145,418
ARMOUR RESIDENTIAL REIT INC COM 042315101 68 17,672 SH   SOLE 1 0 0 17,672
BAXTER INTL INC COM 071813109 2,310 32,189 SH   SOLE 1 0 0 32,189
BAY BANCORP INC COM 07203T106 103 22,217 SH   SOLE 1 0 0 22,217
BRADY CORP CL A 104674106 225 10,033 SH   SOLE 1 0 0 10,033
BROOKS AUTOMATION INC COM 114340102 219 20,792 SH   SOLE 1 0 0 20,792
CONOCOPHILLIPS COM 20825C104 2,367 30,933 SH   SOLE 1 0 0 30,933
CSX CORP COM 126408103 1,343 41,882 SH   SOLE 1 0 0 41,882
CYS INVTS INC COM 12673A108 151 18,268 SH   SOLE 1 0 0 18,268
DTS INC COM 23335C101 261 10,324 SH   SOLE 1 0 0 10,324
LILLY ELI & CO COM 532457108 2,578 39,747 SH   SOLE 1 0 0 39,747
FIRST TR EXCHANGE TRADED FD CONSUMR STAPLE 33734X119 950 24,326 SH   SOLE 1 0 0 24,326
FIRST TR EXCHANGE TRADED FD NY ARCA BIOTECH 33733E203 693 7,546 SH   SOLE 1 0 0 7,546
FORD MTR CO DEL COM PAR $0.01 345370860 2,137 144,498 SH   SOLE 1 0 0 144,498
FIRST TR EXCHANGE TRADED FD CONSUMR DISCRE 33734X101 596 18,384 SH   SOLE 1 0 0 18,384
FIRST TR EXCHANGE TRADED FD HLTH CARE ALPH 33734X143 647 11,596 SH   SOLE 1 0 0 11,596
GENERAL ELECTRIC CO COM 369604103 2,298 89,715 SH   SOLE 1 0 0 89,715
HERCULES OFFSHORE INC COM 427093109 96 43,471 SH   SOLE 1 0 0 43,471
ION GEOPHYSICAL CORP COM 462044108 175 62,845 SH   SOLE 1 0 0 62,845
ISHARES TR CORE US AGGBD ET 464287226 1,708 15,658 SH   SOLE 1 0 0 15,658
ISHARES TR CORE S&P500 ETF 464287200 17,684 89,197 SH   SOLE 1 0 0 89,197
ISHARES TR CORE S&P MCP ETF 464287507 1,140 8,335 SH   SOLE 1 0 0 8,335
ISHARES TR DOW JONES US ETF 464287846 275 2,778 SH   SOLE 1 0 0 2,778
ISHARES BELGIUM CAPD ETF 464286301 259 15,856 SH   SOLE 1 0 0 15,856
ISHARES MSCI SZ CAP ETF 464286749 247 7,608 SH   SOLE 1 0 0 7,608
ISHARES MSCI GERMANY ETF 464286806 235 8,497 SH   SOLE 1 0 0 8,497
ISHARES MSCI SPAN CP ETF 464286764 2,825 72,613 SH   SOLE 1 0 0 72,613
ISHARES TR S&P 500 GRWT ETF 464287309 9,945 93,096 SH   SOLE 1 0 0 93,096
ISHARES TR MSCI EAFE ETF 464287465 5,854 91,302 SH   SOLE 1 0 0 91,302
ISHARES MSCI EURO FL ETF 464289180 1,969 83,485 SH   SOLE 1 0 0 83,485
ISHARES NAT AMT FREE BD 464288414 775 7,071 SH   SOLE 1 0 0 7,071
ISHARES TR RUS 1000 GRW ETF 464287614 4,225 46,104 SH   SOLE 1 0 0 46,104
ISHARES TR RUSSELL 2000 ETF 464287655 360 3,294 SH   SOLE 1 0 0 3,294
ITRON INC COM 465741106 289 7,346 SH   SOLE 1 0 0 7,346
MICROSOFT CORP COM 594918104 2,678 57,759 SH   SOLE 1 0 0 57,759
MICROSTRATEGY INC CL A NEW 594972408 279 2,134 SH   SOLE 1 0 0 2,134
NETAPP INC COM 64110D104 229 5,335 SH   SOLE 1 0 0 5,335
NORFOLK SOUTHERN CORP COM 655844108 1,347 12,067 SH   SOLE 1 0 0 12,067
NVIDIA CORP COM 67066G104 192 10,420 SH   SOLE 1 0 0 10,420
OFFICE DEPOT INC COM 676220106 163 31,699 SH   SOLE 1 0 0 31,699
ORBITZ WORLDWIDE INC COM 68557K109 200 25,449 SH   SOLE 1 0 0 25,449
PEPSICO INC COM 713448108 2,531 27,185 SH   SOLE 1 0 0 27,185
PIMCO ETF TR TOTL RETN ETF 72201R775 393 3,617 SH   SOLE 1 0 0 3,617
POWERSHS DB MULTI SECT COMM DB ENERGY FUND 73936B101 311 11,537 SH   SOLE 1 0 0 11,537
POWERSHS DB MULTI SECT COMM DB OIL FUND 73936B507 323 11,905 SH   SOLE 1 0 0 11,905
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 8,012 81,103 SH   SOLE 1 0 0 81,103
PROSHARES TR PSHS ULTSH 20YRS 74347B201 230 4,089 SH   SOLE 1 0 0 4,089
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 3,355 52,503 SH   SOLE 1 0 0 52,503
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,447 32,070 SH   SOLE   0 0 32,070
SM ENERGY CO COM 78454L100 252 3,235 SH   SOLE 1 0 0 3,235
SPDR S&P 500 ETF TR TR UNIT 78462F103 23,534 119,450 SH   SOLE 1 0 0 119,450
SPDR SERIES TRUST BRCLY INTL CRP 78464A151 272 7,693 SH   SOLE 1 0 0 7,693
SPDR SERIES TRUST S&P BK ETF 78464A797 3,252 101,917 SH   SOLE 1 0 0 101,917
SPDR SERIES TRUST BARC SHT TR CP 78464A474 470 15,316 SH   SOLE 1 0 0 15,316
SYNGENTA AG SPONSORED ADR 87160A100 2,118 33,426 SH   SOLE 1 0 0 33,426
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2,405 119,175 SH   SOLE 1 0 0 119,175
THOMPSON CREEK METALS CO INC UNIT 99/99/9999 884768300 180 13,544 SH   SOLE 1 0 0 13,544
TIVO INC COM 888706108 185 14,477 SH   SOLE 1 0 0 14,477
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 6,121 146,759 SH   SOLE 1 0 0 146,759
VANGUARD INDEX FDS MID CAP ETF 922908629 2,082 17,748 SH   SOLE 1 0 0 17,748
VANGUARD INDEX FDS SMALL CP ETF 922908751 1,995 18,036 SH   SOLE 1 0 0 18,036
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 240 2,996 SH   SOLE 1 0 0 2,996
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 6,085 100,771 SH   SOLE 1 0 0 100,771
VANGUARD INDEX FDS VALUE ETF 922908744 6,319 77,818 SH   SOLE 1 0 0 77,818
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 2,350 71,452 SH   SOLE 1 0 0 71,452
WISDOMTREE TR JAPN HEDGE EQT 97717W851 4,810 91,937 SH   SOLE 1 0 0 91,937